Dusseldorf buy & rent: House, apartment, property – Square meter price

Düsseldorf buy & rent – Current offer prices for condominiums but also the price development of Düsseldorf real estate in the last 5 and 15 years. We have prepared all new data and statistics for you. The real estate market in Düsseldorf is highly sought after, as you will see later, Düsseldorf is currently the city with the greatest potential for investors, followed by Frankfurt and Cologne. NRW in particular is gaining in the favour of buyers. The central, European location, fashion, culture and architecture Our view of the Düsseldorf real estate market around land, condominiums and single-family homes.

If you’re looking to invest in Germany’s thriving real estate market, Lukinski has you covered. From guides to German inheritance law, tax optimization, additional costs and hidden purchase fees, renovation, and the list goes on. Want to delegate the work? As German real estate experts, we can be your man on the ground:

Purchase in Düsseldorf, NRW

First we take a detailed look at current statistics for buyers. Here you will find a lot of information, from the purchase price for a newly built condominium to tips for renting property and ask the big question: Buying in Düsseldorf, yes or no?

  1. Offer prices for condominiums (ETW)
  2. Price development of the last 5 years / 15 years
  3. Buying an apartment in Düsseldorf without an estate agent
  4. Number of sales of luxury homes
  5. Buying in Düsseldorf?

Fashion City: Düsseldorf is the German capital for fashion. You can see this in the exclusive cityscape. Relaxing in your free time, after a long day at work you can go to many places, especially here in the Media Harbour.

Mirrored, exclusive condominiums.

Düsseldorf is where most of the fashion shows take place! Even more than in Berlin and Hamburg.

Offer prices for condominiums (ETW)

These statistics (published by Statista Research Department, 23.05.2019) show the development of supply prices for condominiums in Düsseldorf (KS) in the period from 2004 to the 1st quarter of 2019.

Price development of the last 5 years

  • Q1 2014 – 2,379 Euro / square meter
  • Q4 2015 – 2,639 Euro / square meter
  • Q4 2016 – 2,869 Euro / square meter
  • Q4 2017 – 3,003 Euro / square meter
  • Q4 2018 – 3,172 Euro / square meter
  • Q4 2019 – 3,395 Euro / square meter

Increase in 5 years (2014-2019):

+ 1,016 euros (+42.7%)

Price development of the last 15 years

  • Q4 2004 – 1,769 Euro / square meter
  • Q4 2009 – 1,695 Euro / square meter
  • Q4 2014 – 2,379 Euro / square meter
  • Q4 2019 – 3,395 Euro / square meter

Increase in 15 years (from 2004 – 2019)

+ 1,626 Euro (+91.9%)

Purchase of an apartment without an agent

The chart shows the proportion of condominiums advertised by real estate agents in 2016.

3 of 4 condominiums – 76% of Düsseldorf apartments are offered by real estate agents

Here you can clearly see that the majority of the market is in the hands of experienced real estate agents. High-quality and good properties are always sold with the help of an estate agent. After all, it is not “only” about the viewing. Buyer acquisition, network, negotiations, credit assessment, purchase contracts, all this belongs to the profession of an estate agent.

  1. 78.6% of Berlin’s condominiums through real estate agents
  2. Düsseldorf ETW at 76.0% via brokers
  3. Hamburg ETW 65.1% via brokers
  4. Cologne ETW at 63.0% via brokers
  5. Stuttgart ETW at 56.8% via brokers
  6. Munich ETW at 55.2% via brokers
  7. Frankfurt ETW at 53.3% via brokers

More statistics can be found at Statista

Number of sales of luxury homes

How many luxury properties are sold and bought in Germany each year? These statistics show how manageable the market is. Here you can see the number of sales of luxury homes in selected cities in Germany.

Statistics: Number of sales of luxury houses* in selected cities in Germany in the first half of 2010 and 2011 | Statista
More statistics can be found at Statista

Data show for visualization last survey in the 1st half of 2010 and 2011.

Where is the purchase worthwhile? comparison

Where is it worth buying a property (house, semi-detached house, condominium, etc.)? In comparison, one sees the potential that lies dormant above all in NRW and Hessen. This chart shows the cost advantages of home ownership compared to rents in German metropolitan areas in 2018.

  1. Düsseldorf with 53.8%
  2. Cologne with 53.6%
  3. Frankfurt with 50.1%
  4. Stuttgart with 44.0%
  5. Leipzig with 41.8%
  6. Munich with 37.6%
  7. Hamburg with 35.0%
  8. Berlin with 26.9%

More statistics can be found at Statista

Fashion, luxury designers, exclusive furniture and furnishings. In Düsseldorf’s city centre you will find everything your heart desires.

The Kö-Graben, inviting in spring, summer and like here in autumn.

Rental

  1. Rental price for dream apartment
  2. Rent office: Price comparison
  3. Rent office: Free areas and practices

Rental price for dream apartment

Düsseldorf is in the top 5 when it comes to the rent you are willing to pay for the perfect apartment. The chart shows the average rent for an apartment with 3 to 4 rooms (81 to 105 sqm).

  1. Munich – 1.500 Euro / month
  2. Frankfurt – 1.170 Euro / month
  3. Stuttgart – 1.080 Euro / month
  4. Hamburg – 1.030 Euro / month
  5. Düsseldorf – 900 Euro / month

More statistics can be found at Statista

Rent office: Price comparison

Where are office rents currently highest? Düsseldorf is at the top of the league, with current average office rents of 28.50 euros/m². Neighbouring Cologne is -3 euros below the current level of 25.50 euros / m². Here you can see the top rents for office space in German cities

  1. Frankfurt – 45.50 Euro / m² (+ 23.1%)
  2. Berlin – 39.90 Euro / m² (+ 44.9%)
  3. Munich – 39.50 Euro / m² (+ 24.6%)
  4. Hamburg – 29.00 Euro / m² (+ 19.0%)
  5. Düsseldorf – 28.50 Euro / m² (+ 19.3%)
  6. Cologne – 25.50 Euro / m² (+ 20.4%)
  7. Stuttgart – 24.00 Euro / m² (+ 21.7%)

More statistics can be found at Statista

Rent office: Free areas and practices

Finding the perfect office – How does Berlin compare to other German cities? How many free spaces and practices are there in relation to Hamburg, Munich & Co. This chart shows the proportion of vacant office space as a proportion of total office space in selected German cities in 2018.

  1. Frankfurt am Main – 6.8% free / 93.2% rented
  2. Düsseldorf – 6.4% vacant / 93.6% rented
  3. Hamburg – 3.6% vacant / 96.4% rented
  4. Cologne – 2.8% free / 97.2% rented
  5. Stuttgart – 2.3% free / 97.7% rented
  6. Munich – 1.8% free / 98.2% rented
  7. Berlin – 1.5% free / 98.5% rented

More statistics can be found at Statista

Living, economy, city and inhabitants

  1. City map of Düsseldorf
  2. Private households: Forecast until 2030 in NRW
  3. Square 4 of the most livable cities in Germany
  4. Düsseldorf is family-friendly

City map Düsseldorf

Private households: forecast until 2030

How is Düsseldorf developing as a city and in North Rhine-Westphalia as a federal state? Here you can see the number of private households in Germany by federal state in 2018 and forecast for 2030 (in 1,000). This is an optimal situation for landlords as the demand for living space increases.


More statistics can be found at
Statista

Place 4 of the most livable cities in Germany

Do you consider your city worth living in? Düsseldorf is high up in the ranking with 87%. This means that 9 out of 10 people in Düsseldorf also appreciate the qualities of the city.

  1. Stuttgart – 89% think the city is worth living in! 9 out of 10 people live in Stuttgart
  2. Cologne – 89%
  3. Hamburg – 88%
  4. Dusseldorf – 87%
  5. Bremen – 86%
  6. Munich – 84%
  7. Berlin – 83%
  8. Dinner – 80%
  9. Frankfurt – 79%
  10. Dortmund – 76%

Statistics: Do you consider your city worth living in? | Statista
More statistics can be found at Statista

Düsseldorf is family-friendly h3>
Do you consider your city to be family-friendly?

  1. Stuttgart – 65%
  2. Dortmund – 63%
  3. Bremen – 61%
  4. Hamburg – 60%
  5. Cologne – 60%
  6. Dusseldorf – 57%
  7. Munich – 56%
  8. Frankfurt – 51%
  9. Berlin – 48%
  10. Eat – 41%

Statistics: Do you think your city is family-friendly? | Statista
More statistics can be found at Statista

New building in Düsseldorf, top location, modern construction

Construction site, new building in Düsseldorf.

Düsseldorf at sunset, a great ambience from the television tower to the bridge.

Buy in Germany

Tip! Read more about Buy an apartment: The 10 most expensive German cities.

  1. Ranking: Square meter prices for condominiums
  2. House price index: Development of house prices
  3. Development of construction investments in Germany
  4. Ownership ratio in Germany

Ranking: Square meter prices for condominiums

Cities with the highest prices per square meter for condominiums in 2015 and 2019 (in euros per square meter).

  1. Munich – 8,993 Euro / square meter
  2. Frankfurt am Main – 6,701 Euro / square meter
  3. Stuttgart – 6,324 Euro / square meter
  4. Potsdam – 6.1.64 Euro / square meter
  5. Berlin – 5.578 Euro / square meter
  6. Hamburg – 5,507 Euro / square meter
  7. Düsseldorf – 5,470 Euro / square meter
  8. Erlangen – 5.416 Euro / square meter
  9. Regensburg – 5.411 Euro / square meter
  10. Freiburg im Breisgau – 5,349 Euro / square meter

Statistics: Cities with the highest prices per square meter for condominiums in 2015 and 2019* (in Euro per square meter) | Statista
More statistics can be found at Statista

House price index: development of house prices

Development of house prices in Germany in the years from 2000 to 2018 (2015 = Index 100).

Statistics: Development of house prices in Germany in the years from 2000 to 2018 (2015 = Index 100) | Statista
More statistics can be found at Statista

Development of construction investments in Germany

Development of construction investments in Germany in the years 2000 to 2016 (compared to previous year).

Statistics: Development of construction investments in Germany in the years 2000 to 2016 (compared to previous year) | Statista
More statistics can be found at Statista

Ownership ratio in Germany

Ownership rate in Germany in the period from 1998 to 2018 by Länder

1998 2002 2006 2010 2014 2018
Baden-Württemberg 48.3% 49.3% 49.1% 52.8% 51.3% 52.6%
Bavaria 47.6% 48.9% 46.4% 51% 50.6% 51.4%
Berlin 11% 12.7% 14.1% 14.9% 14.2% 17.4%
Brandenburg 35.5% 39.8% 39.6% 46.2% 46.4% 47.8%
Bremen 37.5% 35.1% 35.4% 37.2% 38.8% 37.8%
Germany total 40.9% 42.6% 41.6% 45.7% 45.5% 46.5%
Hamburg 20.3% 21.9% 20.2% 22.6% 22.6% 23.9%
Hessen 43.3% 44.7% 44.3% 47.3% 46.7% 47.5%
Mecklenburg-Vorpommern 32.2% 35.9% 33.2% 37% 38.9% 41.1%
Lower Saxony 48.9% 51% 49% 54.5% 54.7% 54.2%
North Rhine-Westphalia 37.4% 39% 38.7% 43% 42.8% 43.7%
Rhineland-Palatinate 55% 55.7% 54.3% 58% 57.6% 58%
Saarland 58.1% 56.9% 54.9% 63.7% 62.6% 64.7%
Saxons 28.7% 31% 29.5% 33.7% 34.1% 34.6%
Saxony-Anhalt 36.5% 39.6% 37.9% 42.7% 42.4% 45.1%
Schleswig-Holstein 46.8% 49.4% 47.1% 49.7% 51.5% 53.3%
Thuringia 39.2% 41.8% 40.6% 45.5% 43.8% 45.3%

All further information on statistics can be found at Statista

Rentals in Germany

Tip! Read more about Rent an apartment: The 10 most expensive German cities.

  1. Development of the rental price index
  2. Ranking: Rents for apartments
  3. Number of newly constructed residential buildings

Development of the rental price index

Development of the rent price index for Germany in the years from 1995 to 2019 (2015 = Index 100)

Statistics: Development of the rental price index for Germany in the years from 1995 to 2019 (2015 = Index 100) | Statista
More statistics can be found at Statista

Ranking: Rents for apartments

Cities with the highest rental prices for apartments in Germany in the 4th quarter of 2019(in euros per square metre)

Statistics: Cities with the highest rents for apartments in Germany in the 4th quarter of 2019 (in Euro per square meter) | Statista
More statistics can be found at Statista

Number of newly constructed residential buildings

New construction: Where are new apartments being built? Number of newly constructed residential buildings in Germany by federal state in 2017 and 2018 (in 1,000).

Statistics: Number of newly constructed residential buildings in Germany by federal state in 2017 and 2018 (in 1,000) | Statista